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Search Results 0 to 49 of about 54 (some duplicates have been removed)
that substantial deficit reduction would be associated with a substantial reduction in interest rates that would push the economy forward at the more rapid pace. indeed, in an important part of the economic growth of the 1990's can properly be attributed to the unlocking of economic energy that was achieved by the 1993 budget measures, that led to a reduction in interest rate, increase in investment, accelerating growth, lower capital clause, further improvement in the deficit and so forth. that approach, a fiscal consolidationization that lead to substantial growth was a plausible and compelling vision for the country in 1993 1993, it has been a plausible and come compelling vision for other countries and times in places. you cannot fall very far out of the basic. with interest rates at 1.7% for ten years. with a real interest at the level where if you want to put your money or store your money with the government for as much as twentd years, you have to pay them for the privilege of having them hold your money. if they are going give you back inflation. in such an environment, the reduction in
by the end of the decade. get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney is a car guy. this is a guide who i was talking to a family in massachusetts the other day. their kids of work hid in a car crash. two of them were paralyzed. they went to the same church. mitt asked if he could come over on christmas. he brought his boys and his wife and deaths. i know you are struggling, do not worry about college, i will pay for it. mitt romney does not tell these stories. it was not the cash, he gave his time and he has consistently. this is a man who gave 30% of its income to charity, more of the two of us combined. he is a good man. he cares about 100% of americans in the country. the vice president knows that sometimes the words did not come out of your mouth the right way. [laughter] >> i always say what i mean. >> we want everybody to succeed. we want to get everybody out of poverty. we believe an opportunity. that is what we're going to pu
they need for the jobs they want. get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were paralyzed. the romneys didn't know them. they never met. mitt asked to come over for christmas. he brought his boys, his wife and gifts. later on, he said, i know you are struggling, mark, don't worry about their college, i will pay for it. when mark told me this story -- mitt romney doesn't tell these stories. the nixons told me this story. when he told me the story, it wasn't the cash help, it's that he gave his time and he has consistently. this is a man who gave 30% of his income to charity, more than the two of us combined. mitt romney's good man. he cares about
last year doubled their taxes this year, we would still have a $300 billion deficit. you see, there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out, middle class, the tax bill is coming to you. that's why we're saying we need punishment tax reform. let's look at it this way. 8 out of 10 businesses, they file their taxes as individuals, not corporations. where i come from overseas, which is lake superior, the canadians, they drop their tax rates to 15%. the average tax rate on businesses in the industrialized world is 25% and the president wants the effective top tax rate to go above 40%. 2/3 of our jobs come from small businesses. this one tax would actually fax about 53% of small business income. it's expected to cost us 710,000 jobs. and it doesn't even pay for 10% of the proposed deficit spending increases. we're saying close loopholes primarily to the higher income people. we have three bottom lines. don't rai
the skills they need to get jobs they want. get this deficit and debt under control to prevent a debt crise. make trade work for america so we can make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're our job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him, but let me tell you about the mitt romney i know. this is a guy who i was talking to a family in northboro, massachusetts, the other day. sheryl and mark nixon. their kids were hit in a car crash, four of them, two of them, rob and reid, were paralyzed. the romneys didn't know them. they went to the same church. mitt asked if he could come over on christmas. he brought his boys, his wife, and gifts. later on he said, "i know you're struggling, mark. don't worry about their college. i'll pay for it." when mark told me this story, because you know what, mitt romney doesn't tell this story. the nixons told this story. when he told me this story. he said it wasn't the cash help. it's that he gave his time and he has consiste
to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! >> i want to bring the conversation to the state of our economy, the number one issue here at home is jobs. the percentage of unemployed just fell 8% for the first time in 43 months. the obama administration had projected that it would fall below 6% now after the addition of close to a trillion dollars in stimulus money. will both of you level with the american people, can you get unemployment to under 6% and how >> i don't know how long it will take. we can and will get it under 6%. let's look at where we were when we came into office. the economy was in freefall. 9 milli
administration does not really care about the deficit and how high it is getting. why would you raise the deficit when you owe so much money? it will bankrupt our country. host: what do you do a in redmond, ore.? caller: i am a full-time student at a community college and i also work at a fast-food restaurant to pay bills. host: where are you studying? caller: criminal-justice. host: where are you watching c- span at 6:00 a.m. in the morning in oregon? caller: i get up early allot. earlier, i was watching a different program, in b.c. i think, and i think there were a lot of very baidoa -- nbc, i think, and i think there were a lot of very biased reporters. i switched channels. host: is this your first time watching c-span? caller: no, it is now. i actually watched it a lot. host: that is there a studying criminal justice in redmond, ore.. next up is michael in springdale, another first-time voter. caller: i was flipping through the channels here and listening to a lot of individuals call in and one of the topics that came up is the military. and being a first-time voter, i want to say that as a v
both to close the deficit. we both submitted our economic proposals to the boston globe. they were sent out four independent economic analysis. found is that i was 67% more effective at cutting the deficit then senator brown. why? because i am willing to make cuts. i am willing to make substantial cuts. i support substantial cuts. i also believe we have to raise revenues. that is what it will take to get serious about our deficit. i truly believe on this one, this is about our children and grandchildren. we cannot leave it to our debts. >> that is time. mr. brown? >> great question. we are in the $16 trillion national debt. we are in another trillion dollar deficit. you cannot keep borrowing to pay our bills. when we are talking about cutting military spending, we have party cut in half a trillion dollars. that affects many people in this room and people watching. i have been battling as a member of the arms services committee to try to find the resources to protect our men and women who are serving. we have sequestration coming up. we are trying to work in a bipartisan effort to step b
? >> i will -- the candidates how they will reconcile reducing the deficit, cut spending and still -- [inaudible] >> what are you doing to prevent trafficking and to stop it altogether? >> all day like event tomorrow on c-span2 to tell you about. the center for strategic and international studies looks at political transitions in north africa. this starts at 8:30 a.m. eastern. >> we are live at centre college in danville kentucky for the 2012 vice presidential debate between vice presidential bike and congressman paul ryan. the moderator, martha raddatz is almost ready to begin after giving the audience instructions to remain quiet during the debate. we are waiting for her to introduce the candidates announced the opening question. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] .. [inaudible conversations] [background sounds] [background sounds] [background sounds] [inaudible conversations] [background sounds] [inaudible conversations] [background sounds] [inaudible conversa
also. actually doing quite well. our neighbor to the south, fiscal deficits. monetary policy. a better job creating jobs and there. as much as we can. >> implicit in all of this, we the united states and not doing as well as we should. let's turn inward. how worried are you and how much are you planning for the fiscal cliff? >> there has is the big deal. when the crisis happens, the debt tween crisis, we spend 50 to $100 million preparing. the complexity of that happening in global financial markets, real failure. the fiscal cliff is not quite that because it is more predictable, but we have a fiscal clef. going through to make sure we understand all of it. we will be prepared. j.p. morgan will survive the fiscal cliff. i think it's terrible policy to allow. the reason i think it's bad, there are potential outcomes. i would defy. therefore it is irresponsible policy to say, let's see. lets us see. let's try to avoid that. it won't happen on midnight dec. 31st. it will happen now. this is bad. the margin go higher. don't go, don't buy. wait and see. that is a recession. this people pull
earns under $200,000 a year. how can he guarantee that and cut the deficit in half as he's promised? >> because we will do what they've not done. if you look at what's happened over the last four years, we have gone from a $5 trillion projected surplus when george bush took office to a $3 trillion projected deficit. they promised they were going to put $2 trillion of the surplus aside for social security. not done. not only that, it's the biggest fiscal turnaround in american history. and there's no end in sight. "the washington post" just reported they have several trillion dollars of additional tax cuts in spending. no suggestion of what they're going to do about it. john kerry and i believe we have a moral responsibility not to leave trillions of dollars of debt to our children and our grandchildren. so, here's what we're going to do, to answer your question, to pay for the things that we believe need to be done. we talk about healthcare and education because we have plans on both those things. what we're going to do is roll back tax cuts -- and i want everyone to hear this becau
to cut the deficit in half in four years. we have four budget it is and four trillion dollar deficits. a debt crisis is coming and we can't keep spend borrowing like and spending money we don't have. leaders run to problems to fix problems. >> steve: i got this tweet. why was bush crusify biden didn't get information on the intelligence community and that is okay. >> steve: ultimately some polls went out and they did snap pollings. cnn paul ryan . cnbc. winner 20 points. >> brian: cbsdid joe biden. >> steve: they did a focus group for 50 people. >> gretchen: we have frank coming up. and we'll show you that. now the rest of the head lineups for friday. one month after ambassador stevens was ciled. lawrence pope is the new charge of affairs. he will represent. pope retired 12 years ago and an ambassador to chad and political advisor for the special command and special operations in the middle east. governor mitt romney getting a spiritual boost from billy graham. >> reverend graham added he would do everything to help him. franklin graham has provided council to every president since ha
, the economy, and the deficit, and a reference to former president kennedy. >> first of all, i was there when ronald reagan gave specifics to what he was going to cut in terms of tax expenditures. 97% of small-business americans paid -- make less than $250,000. amid tell you who some of the other small businesses are. hedge funds that make a hundred million dollars a year. that is what they call as small business. gov. romney on 60 minutes about 10 days ago was asked, you pay 14% on $20 million. somebody making $50,000 face more than that. he said that is fair. that is fair. do you think these guys are going to go out there and cut the loopholes? the biggest loophole they take advantage of is the carriage entrance loophole and the capital gains loophole. the reason that the american enterprise study, the tax policy center study all say taxes will go up on the middle-class is it is the only way you can find at $5 trillion and loopholes as to cut the mortgage deduction for middle-class people, take away their ability to get a tax break to send their kids to college. >> is he wrong about that? >
still have a $300 billion deficit. you see there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. jamie: stuart varney, anchor of "varney & company" on the fox business network here to tell us what he thinks about that. hi, stu, good morning. >> well look, the central quote on the economic side of the debate which policy will grow the economy and cut the deficit. paul ryan was very clear. you cut tax rates, that gives you growth. listen to this exchange. >> cut tax rates by 20% and still preserve these important preferences for middle class taxpayers. >> not mattally possible. >> it is mathematically possible. it has been done before. >> it has never been done before. >> it has been done couple times actually. lower tax rates increase growth. lower tax rates. >> now you're jack kennedy. >> well that was interruption. that was also a put-down and vice president biden woos factually
. >> in order to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. governor romney has ruled out revenue. he's ruled out revenue. >> is that true? >> absolutely. the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth, balance the budget. the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. >> sean: that was my next guest, jim lehrer, moderating the debate last week. the left tried to make him the scapegoat for obama's pitiful performance, but for 60 million americans it was obvious the blame laid squarely with the president himself. here is former pbs news anchor jim lehrer. nice to see you. >> good to see you, sean. >> "good evening, this is "the newshour"." >> you did that really well. >> sean: how are you doing? >> "the newshour" is doing great. the team took time to get it in place. i transitioned out and i'm very happy about the pbs news, how it's functioning. >> i felt bad for you after th
. >> in order to reduce the deficit, there has to be revenue in addition to cuts. >>> there has to be revenue addition to cuts. >> and this is ruled out. >> absolutely. >> there is revenue i get is by more people working and paying higher taxes. idea of taxing people more, putting more people out of work, you'll never get there or balance the budget. and that is my next guest and the left tried hard to make him the scapegoat for 67 million americans it was well, obvious to blame lays with the president himself. here to respond is the author of "pension city". good to see you again. >> good to see you, sean. >> you say good evening this, is the news hour. >> and that is i'm going to leave your name at the door. >> the news is doing great. it's a time took time to get it into place. i transitioned out and i'm very happy about this. >> and i felt that for you... after the debate z a lot of criticism he does. >> and how did you feel about that? >> i'm not keen on criticism. and you know, but... that was at the beginning. the criticism is pretty much gone away. people realize that spin didn't work
that deficit. so they still think they've got openings here, wolf. and they do. anything can happen. overnight's a lifetime in politics, particularly when it comes to a close presidential race like this. >> and all those folks thought that president obama had it wrapped up a few days ago, not yet. gloria, stand by. mitt romney was clearly hammering away at the president's foreign policy before a military audience today and sketched out a stronger, bolder response by a romney administration. cnn's national political correspondent jim acosta has more on that. >> reporter: wolf, after millions of americans watched mitt romney go toe to toe with president obama at their first debate, the gop nominee now wants voters to see him as commander in chief. he's done just that in a series of foreign policy speeches, including one here at the virginia military institute where he kudz the president of allowing the middle east to drift closer towards war. telling a crowd of cadets and supporters at the virginia military institute that hope is not a strategy on foreign policy, mitt romney wasted no time in bu
Search Results 0 to 49 of about 54 (some duplicates have been removed)

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